Rosneft to launch delayed 20 billion rouble bond: source
MOSCOW (Reuters) - Russian oil company Rosneft (ROSN.MM), seeking to buy BP (BP.L) and its partners out of rival oil producer TNK-BP TNBP.MM, is preparing to launch a 20 billion rouble ($649.88 million) bond it delayed last week, a banking source said on Friday.
Rosneft is seeking to borrow at least $15 billion from foreign sources for the deal. Ratings agencies have said the deal stretches its credit metrics and it could risk a downgrade if leverage increases sharply as a result of the deal.
($1 = 30.7750 Russian roubles)
(Reporting by Elena Orekhova; Writing by Melissa Akin)
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